How to Get Cheap Auto Insurance
Auto insurance protects you from financial losses after a car accident, such as medical bills or property damage. It also covers your legal liability if you cause an accident.
The cost of car insurance varies from one insurer to the next, but the average price for coverage in 2022 is $1,553. To find out how much your policy will cost, compare quotes online or on the phone with at least three to five different companies.
You’ll need to provide basic information about your vehicle and driving history to qualify for a policy. You’ll also need to decide how much coverage you want. Generally, you’ll need enough to cover your liability and medical costs after an accident, but some drivers also prefer comprehensive or collision coverage.
Some insurance companies offer discounts for safety features, completing a driver’s education course or being a good student. Others, like American Family, reward loyalty with discounts for customers who stay with the company.
Several other factors affect your auto insurance rate, including the type and model of your vehicle, your driving record and the deductible you choose. You can reduce your premium by choosing a safer, less expensive or older vehicle, and selecting a higher deductible.
Your deductible is the amount you must pay before your insurer pays out on a claim. It can be a large sum, so it’s important to understand your deductible before you sign on the dotted line.
Another factor that affects your premium is the value of your vehicle. The more valuable your car is, the more it’s worth to repair after an accident. That can make it harder to find insurance that’s affordable.
You can also lower your deductible by shopping around and opting for a cheaper insurer that offers lower deductibles. However, you’ll need to make sure your coverage doesn’t lapse or you’ll end up paying more out of pocket.
In addition, you can get a discount by adding an additional driver to your policy. For example, adding a teenager to your policy can save you up to $118 a month on average, according to Auto-Owners.
Besides having competitive rates, Auto-Owners provides great customer service for teen drivers. Their customer service representatives are knowledgeable and can answer questions about the process of filing a claim.
The company receives fewer complaints than competitors of a similar size, according to the NAIC. Its service also earned it a high score on J.D. Power’s claims satisfaction survey, a sign that drivers are satisfied with its policies and service.
If you’re in the market for auto insurance, consider Amica. It offers a number of discounts for good driving and being a loyal customer, and it gets high ratings for claims satisfaction. Amica also has a mobile app that helps good drivers monitor their driving habits, and it offers a range of coverage options.